Ontario's RE Feed-in Tariff - Progress Report

"It's been 6 months since ... Ontario started its Standard Offer Program (SOP), which created the first feed-in tariff (FIT) in North America for renewable energy in over 20 years.

Since last November (2006), OPA has received applications under the new FIT for 65 wind, solar, biomass and hydropower projects totaling roughly 330 megawatts (MW) of capacity.

... a FIT sets a price per kilowatt-hour (kWh) of generated renewable energy that is high enough to properly compensate the generator and make a project profitable."

Source: http://www.renewableenergyaccess.com/rea/news/story?id=48565

Ontario Power Authority - Ontario's Standard Offer Program

• Solar PV Projects - 42 cent/kWh
• Waterpower Projects - 11 cent/kWh
• Wind Projects - 11 cent/kWh
• Biomass Projects - 11 cent/kWh